RASK consults Maag Grupp on selling its stake in Nõo Lihatööstus.


RASK consulted Maag Grupp on selling its 29% stake in Nõo Lihatööstus. As part of the transaction, Maag Grupp’s subsidiary Karukoobas OÜ sold all its shares in Nõo Lihatööstus.

RASK’s attorneys represented the client in developing the transaction structure, preparing the documentation, addressing related tax issues and carrying out negotiations with Nõo Lihatööstus. As a result of the transaction, ongoing court disputes between the parties were terminated.

MAAG Grupp AS is a food industry group based on 100% Estonian capital, bringing together many of Estonia’s best-known food brands, such as Farmi, Tere and Rannarootsi.

Nõo Lihatööstus OÜ is one of the largest meat producers in Estonia, with almost 200 employees.